Argentina is setting out a major road development programme. The country has plans for 16 key road projects, with road building and development plans for some 7,000km of routes in all. Called the new Safe Motorway and Road Network, the programme will be worth an impressive US$16.7 billion. The first six of the planned routes will be developed under the PPP model. A portion of the construction work will be paid for through special taxes on fuel. Argentina’s national road authority, Direccion Nacional de Vialidad (DNV), hopes to receive its first bids for the projects in the first quarter of 2018, with construction intended to commence in the second quarter. The concessions for the roads are intended to allow the winners to raise additional operational revenue from operating service stations and other commercial activities adjacent to the routes.
Argentina sets out major road development plan
Argentina is setting out a major road development programme. The country has plans for 16 key road projects, with road building and development plans for some 7,000km of routes in all. Called the new Safe Motorway and Road Network, the programme will be worth an impressive US$16.7 billion. The first six of the planned routes will be developed under the PPP model. A portion of the construction work will be paid for through special taxes on fuel.
Finance & Funding / November 24, 2017